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What is a Chain of Custody? The concept of “chain-of-custody” originated in the legal context of handling evidence. In this. The post How Chain of Custody Strengthens the Supply Chain appeared first on The Network Effect.
E2open is acquiring INTTRA pending federal approval. Is this a knot to be tied? Does this deserve congratulations or concern? Here I share some thoughts. Reflections. Three decades ago, I was sitting on a hotel bed with my friend Ellen Chen. Ellen currently works as a consultant at Cap Gemini. I consider her the best in the biz for transportation management consulting.
Change can be a good thing, particularly when it comes to getting a better handle on your supply chain spend. 1. Digitization is Your Friend. It’s not news to anyone that digitization is a roaring trend and I’m here to say: embrace it. With the digitization of the source-to-pay process being a key initiative for many chief procurement officers, to the inherent automation which promises to accelerate innovations such as artificial intelligence (AI), digitization is growing.
While advanced innovations and developments like the Internet of Things (IoT) reach each industry and change the way we work together, the requirement for business transformation is rising. Meat producers, in any case, are questioning where to begin. The meat supply chain is long and complex, starting from farm to processing to packaging and logistics, right up to retail and catering.
Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for
Less-than-truckload (LTL) freight is in the midst of a boom. Market conditions are favorable for continued growth. The state of LTL freight offers a grand opportunity to overcome the significant obstacles created through economic growth, e-commerce, and global markets. Average weight per shipment is up for the sixth consecutive quarter, reports Jeff Berman of Logistics Management , and economic growth indicates continued diversion of freight to LTL from full truckload and even parcels to maintai
Gartner says that clients are increasingly asking, “What will the future of supply chain planning look like?” and in a recent report ( Technology Reference Model for Stage 5 Maturity Supply Chain Planning, June 2018 ) they see three “mega trends” driving that vision. In the past, Gartner has said that only a few companies in the world have achieved Gartner’s highest “Stage 5” supply chain planning ranking.
Gartner says that clients are increasingly asking, “What will the future of supply chain planning look like?” and in a recent report ( Technology Reference Model for Stage 5 Maturity Supply Chain Planning, June 2018 ) they see three “mega trends” driving that vision. In the past, Gartner has said that only a few companies in the world have achieved Gartner’s highest “Stage 5” supply chain planning ranking.
For most companies with supply chains to manage, the holiday season from Halloween through New Year’s Eve is an incredibly busy time. Shoppers stock up on everything from costumes to cranberry sauce to candy canes, and suppliers need to be prepared to meet the peaks and valleys of consumer demand. Unofficial holidays like Black Friday and Cyber Monday add to the huge spike in demand as retailers offer deep discounts to shoppers.
If you are near to my age it is a good chance that your parents or maybe even you owned an Oldsmobile at some point. While growing up, my parents owned several Oldsmobile. The Oldsmobile was considered a reasonable priced family car with some luxury features and positioned between the Chevrolet and Buick brands of General Motors. In the mid to late 80s Oldsmobile started to see their market share drop as younger buyers wanted something different from what their parents owned.
Have you been struggling to try and figure out how to write the business case for a WMS? Warehouse managers must understand how to write a successful business case for a WMS focusing on all opportunities for return on investment , maintaining a stringent structure, and a few tips for streamlining the process. The Business Case for WMS Must Focus on All Opportunities for ROI Before starting to write a business case for a WMS, warehouse managers should begin by identifying all known problems with
What would supply chain management be without interorganizational relationships! Interorganizational relationships are always great, right? Maybe it is not that simple, if we look at a brand-new article by Oliveira & Lumineau, titled The Dark Side of Interorganizational Relationships: An Integrative Review and Research Agenda. What they mean by the “dark side” of interorganizational relationships are negative dimensions or, in their words, “damaging aspects” of such r
Savvy B2B marketers know that a great account-based marketing (ABM) strategy leads to higher ROI and sustainable growth. In this guide, we’ll cover: What makes for a successful ABM strategy? What are the key elements and capabilities of ABM that can make a real difference? How is AI changing workflows and driving functionality? This Martech Intelligence Report on Enterprise Account-Based Marketing examines the state of ABM in 2024 and what to consider when implementing ABM software.
Despite the value of dynamic daily routing, many distribution-oriented companies cannot take advantage of it because of customer delivery window, driver or commercial restrictions. To optimize their delivery operations, these companies engage in strategic route design on an infrequent basis or when some big event occurs in the company. In today’s competitive market, the “5 year review” is too long and companies are bleeding profits as shifting customer bases and service policies are making exist
From the creation of the Blockchain in Trucking Alliance (BiTA) to companies of all sizes developing blockchain-based supply chain management platforms, it is clear that blockchain is becoming a force to be reckoned with in freight and logistics. As blockchain gains prominence in the logistics industry, supply chain leaders need to understand who is using it, what it means for the future of the industry, and how it can transform their day to day operations.
Hello and welcome back to another episode of “The Freight Project Podcast!” On today’s episode we welcomes welcomes our very own Implementation Manager, Tina Baker. Tina works with the Cerasis business development team to gather all the necessary information from the customer for a smooth transition into a partnership with Cerasis and our Transportation Management technology and solutions.
Trade wars, renegotiated trade deals, technology advancements, rising transportation costs, and a growing global middle class have all contributed to a more complex international economic environment. In the United States, growing nationalist and protectionist sentiment rests on the hope manufacturing (and associated jobs) will return from overseas.
Fulfillment is no longer just about getting products from point A to point B – it's about crafting seamless, scalable, customer first experiences. Flexible fulfillment strategies are more important than ever for those aiming to stay ahead and build resilience as retail enters a new era in 2025. Learn how to optimize fulfillment processes, tackle complex, multi-vendor orders, and create seamless customer experiences – from white-glove delivery for high-value items to quick-ship solutions for ever
If you’ve ever paid $10 for an Uber ride to the cocktail lounge in the evening and then a “surge priced” $50 for the same distance Uber ride back to your home only a few hours later around closing time, you understand the dynamics troubling shippers in today’s capacity constrained transportation market. In an environment where transportation is at a premium, customers often find themselves at the whims of those possessing the means to provide transport in a timely fashion.
In recent years the trucking industry has been faced with a double-edged sword — rising fuel costs and a plummeting labor force. In today’s blog we’re taking a look at what this means for shipping costs, and how retailers can fortify their operations against price hikes. Why are shipping costs growing? Fuel accounts for about 21 percent of carrier expenses.
The damage to UPS would depend on the length of the disruption. The freight business makes up about 5% of UPS’s sale and has the lowest profit margin of the company’s three units. United Parcel Service Inc. will halt pickups from freight customers as early as Nov. 9 because of a potential strike in less than two weeks by about 11,000 union workers. The union and company have been trading barbs.
Every day new articles are published about the importance of artificial intelligence (AI) for businesses hoping to remain competitive in the coming decades. The term “AI” is broad and often ambiguous. More often than not, those articles are referring to a subset of AI known as machine learning. Udai Chilamkurthy, lead architect for retail and logistics at Sainsbury’s, bluntly states, “AI in some senses is a meaningless term, it doesn’t say anything about anything.&#
The Supplier Relationship Management Playbook is your guide to building effective supplier partnerships that drive supply chain excellence. This playbook equips supply chain professionals with strategies for managing compliance, tracking performance, and fostering collaboration to reduce supply chain risks. Inside, you’ll find: Strategies for Compliance: Best practices to help meet regulatory standards.
Why do transportation management systems (TMS) implementations get off track? When the implementation team doesn’t know what they don’t know. A TMS can be implemented successfully, on-time and within budget, but it takes a lot of planning and subject matter expertise, not just around the software, but around the business case, transportation operations, upstream and downstream business processes, relevant order management requirements, enterprise resource planning software, warehouse management
Organizations can use the analysis in this report of applications being implemented and the characteristics of pace-setting organizations to understand how feasible this technology is for them and how to go about implementing their own blockchain programs.
For an industry that didn’t exist 50 years ago, eCommerce has rapidly taken off and continue to evolve. When the words eCommerce is mentioned businesses are quick to mention B2C trends and but what about B2B trends which are arguably just as important to understand? In this article, we will explore upcoming trends in eCommerce fulfilment that businesses need to be aware of to maximise their revenue and satisfy rapidly changing consumer and business demands.
In this e-commerce, “customer is king” environment, last mile logistics is becoming a differentiator for many retailers. The last mile is the last opportunity retailers have to impress their customers. Hence, selecting logistics partners is an important consideration. Jeff Hughes and Charles Schreiner, digital operations consultants with Capgemini Consulting, write, “Often the closest that customers come to interacting face-to-face with brands that primarily sell through online
Tariffs will have a major impact on your supply chain, margins, and operations. Drawing on our work with global companies across manufacturing, automotive, pharmaceuticals, semiconductors, software, technology, financial services, and a range of service industries, we outline the key strategic and tactical actions companies are taking to navigate this period of heightened uncertainty.
I’m in beautiful Santa Fe, New Mexico this morning. As you read this, I’ll be doing a short tune-up ride in preparation for tomorrow’s JDRF Ride to Cure cycling event. Santa Fe is at an elevation of 7,200 feet. The hotel has this helpful (yet freaking me out) notice about “altitude awareness”: “At Santa Fe’s altitude there is approximately 30% less oxygen than at sea level.
Supply chain programs aren’t graduating enough new practitioners to replace those exiting in the workforce, but the talent crisis is about more than demographics: a shift in thinking must also take place at the corporate level and in academia to develop talent that can collaborate in today’s supply chains.
In our attempts to anticipate future changes in demand, we often depend on forecasts. Unfortunately, however, they are rarely reliable in practice – with all the implications that brings. The ‘good news’ is that we are selling ourselves short, partly because we actually seem to be better off without a forecast in many cases, and also because – when we’re truly dependent on a prognosis – reliable forecasting often turns out to be surprisingly easy.
by Kaushal Dave, Vice President of Cognitive (AI) Solutions, Aera Technology The problems that pervade inventory management are well known: Excess inventory languished in warehouses, tying up millions of dollars in working capital. Stock shortages cut into margins and hurt brand image. Companies face hefty penalties from buyers if they can’t meet thresholds in service level contracts on time and in full.
Over the last two years, there’s been a 76 percent increase in AI adoption across sales organizations. The reason for its rise? AI increases teams’ productivity by predicting and automating actions that require manual effort. In other words, the research that takes reps hours, AI can do in seconds. For sales teams, AI opens up a world of new possibilities, including automating outreach, identifying best-fit buyers, and keeping CRMs flush with fresh data.
Demand forecasting is a key decision tool in supply chain planning. Understanding the main drivers of demand and having the ability to accurately predict and test future demand scenarios is crucial for any growing CPG. Being thorough in your demand forecasting platform search ensures you’ll have a powerful platform that will lead your company’s forecasting capabilities – and sales performance – for years to come.
More than ever, competitive businesses are acknowledging the importance of adequate inventory control practices and appropriate management software, but the integration of accounting software with that of inventory management offers many advantages for better holistic business management. Combining forces in this way offers visibility and optimisation of inventory and the supply chain, more accurate financial reports, prevents the mismanagement of stock, and offers another level of automation, a
Recently the notion of “Control Tower” has become very popular in supply chain planning. They remind me of factory Gantt charts (or Leitstand, as it was known in Germany). Not unlike Gantt charts control towers show you information but not as much help to solve the issues. The user will. The post Control Towers are OK, But You Can Do Better appeared first on Adexa Inc.
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